Property profile

1337 King Street Ext North Charleston, SC 29405

OFF-MARKET
Retail properties & Spaces
0.69 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses five vacant lots totaling 0.69 acres situated at 1337 King St Ext, North Charleston, SC 29405. The property, identified by APNs 464-14-00-044, 464-14-00-045, 464-14-00-077, 464-14-00-078, and 464-14-00-076, is located in the Upper Peninsula Opportunity Zone, a rapidly developing area. One lot includes a roughly 3500 square foot building previously used for restaurant, food and beverage, and bar/tavern purposes. The combined parcels offer King Street frontage, placing them near the gateway to Charleston's Upper Peninsula District. Across the street is a planned large multi-use development. The property's zoning is currently a mix of GB, LI, and SRF. This unique location allows for a wide range of development possibilities, including restaurant/F&B, mixed-use, affordable housing, office, medical, multi-family residential, and retail uses. The combined lots present a rare chance to develop along one of downtown Charleston's most vibrant corridors. The seller is currently surveying the parcels to confirm the acreage. The asking price is $3,200,000. All buyers are responsible for verifying all property information.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.69 ac (30,056 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Locksmith

Location

1337 King Street Ext North Charleston, SC 29405
North Charleston metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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